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Dec 3, 2012
12/12
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it allows them to raise taxes with little concern of republican opposition. leaders will avoid dog that considering voters just passed prop 30 as l. the republicans and governor brown say they will be watching the democrats to keep it in check. >>> lawmakers are honoring nevin. he died yesterday at 69. he was a former supervisor, mayor of daly city and police inspector in san francisco. congresswoman jackie spear today called him a giant who had boundless compassion. the current supervisor says he was a great leader and vision. among other causes he af indicated for all children to receive -- adsroe indicated for all children to have health insurance. >>> the pope goes high-tech. what the religion leader is about to do for the first time >>> the kansas city chiefs held a moment of silent ahead of the game for the panthers. the players were quiet after they won the game. yesterday, linebacker jovan belcher shot himself in front of his coach after killing his girlfriend a short time earlier. the chief's owner and fans reacted today. >> we have so many guys on t
it allows them to raise taxes with little concern of republican opposition. leaders will avoid dog that considering voters just passed prop 30 as l. the republicans and governor brown say they will be watching the democrats to keep it in check. >>> lawmakers are honoring nevin. he died yesterday at 69. he was a former supervisor, mayor of daly city and police inspector in san francisco. congresswoman jackie spear today called him a giant who had boundless compassion. the current...
SFGTV: San Francisco Government Television
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Dec 1, 2012
12/12
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my building taxes alone raised to ten fold. because you know the building just sold for 16 million. when i went in it was 2 million in value and the ground floor operators came down with the rent. >> thank you, your time is up. >> next speaker, please. >> hello, i too am here again, a lot of time that i spent on working on this issue before and we actually won a couple of permits that were not issued. >> this is a really big topic, not only in san francisco but across the united states and the business owners that pay money for the brick and mortar are up in arms. this is portland, chicago, new york, and i understand that the food truck operator actually lives in berkeley. berkeley does not allow food trucks. they are actually trucking the food in, and trucking the money out. san francisco is not gaining any tax dollars or the magnitude of the money, that is lost by the city sales on brick and mortar are going to go down. this is lut ris that this is happening in the financial district. i am, personally not against food trucks, bring them to the construction sites. one of the speake
my building taxes alone raised to ten fold. because you know the building just sold for 16 million. when i went in it was 2 million in value and the ground floor operators came down with the rent. >> thank you, your time is up. >> next speaker, please. >> hello, i too am here again, a lot of time that i spent on working on this issue before and we actually won a couple of permits that were not issued. >> this is a really big topic, not only in san francisco but across...
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Dec 1, 2012
12/12
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rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones to make it happen. >> reporter: now also a part of the president's plan ending congressional oversight of the debt limit, one aide says it is a pipe dream. lawmakers are scheduled to recess in just two weeks, and tonight, brian, the negotiations are deadlocked. >> sooner or later the deadlines have to work out. >>> now, the powerball jackpot. today we got to meet one set of winners but there is mystery surrounding the second winner. nbc kerry sanders with us from the hometown of one very lucky family in dearborn, good evening, kerry. >> reporter: well,
rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones...
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Dec 4, 2012
12/12
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oracle is among the latest corporations trying to beat the clock on next year's expected tax increase. oracle's board has approved accelerated dividend payments for the second, third and 4th quarters of next year. nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. let's see what's going on with the market today with matt shapiro, president of mws capital. good morning to you. > > good morning angie. > this is certainly one moody market. it seems to move on every word that comes out of washington. > > absolutely. actually, i am surprised, given the stalemate that we had this weekend and the gop yesterday having a counter offer - they are miles apart, but the market really held in there, and i think, at this point, the market is just basically pricing in that nothing really good is going to happen in washington, at least for now. > what about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at least the silver lining is positive for china.
oracle is among the latest corporations trying to beat the clock on next year's expected tax increase. oracle's board has approved accelerated dividend payments for the second, third and 4th quarters of next year. nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. let's see what's going on with the market today with matt shapiro, president of mws capital. good morning to you. > > good morning angie. > this is certainly one moody market. it...
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the gop believes that the president wants to increase taxes to fund federal programs. >>... so he can spend to his heart's content. democrats and republicans are not coming together to solve this problem and gives you a sense of the cost involved in very personal terms. if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation he was elected to the senate in 2004 and clashed on occasion with republican leaders of the legislation into the overall direction of the party. illinois republican u.s. senator mark kirk is preparing to return to capitol hill he will go back to january 3rd he suffered a stroke almost one year ago and he has had multiple surgeries including operations to reduce swelling around his brain. illinois lawmakers for planning a big party and a celebration when he heads back. the storm took a devastating toll on the east coast now damage estimates are taking a toll on federal emergency funds right n
the gop believes that the president wants to increase taxes to fund federal programs. >>... so he can spend to his heart's content. democrats and republicans are not coming together to solve this problem and gives you a sense of the cost involved in very personal terms. if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation...
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Nov 29, 2012
11/12
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we pay taxes overseas. we pay taxes here. we pay other forms of tax as well. i think that story hasn't been told. the fiscal terms that are in place here for our industry, for example, if punitive taxes were imposed on our industry, would impact our investment. i hope that's not where we're headed. i think there is a case to be made that we pay our fair share of taxes, and i work hard to try to communicate that. >> talk to us about an energy policy. what would you like to see in the election is behind us. what should a proper energy policy look like to do everything you're saying, create jobs and, in fact, take advantage of this opportunity that america has. >> i think the energy policy sometimes is made more difficult than it needs to be. to me, there are three things th that you need focus on. do you want affordable energy, do you want secure energy, and the environmental characteristics you want. we talk about those one at a time. we need to talk about those together. >> let me ask you a few questions about from the investment community. i guess the biggest
we pay taxes overseas. we pay taxes here. we pay other forms of tax as well. i think that story hasn't been told. the fiscal terms that are in place here for our industry, for example, if punitive taxes were imposed on our industry, would impact our investment. i hope that's not where we're headed. i think there is a case to be made that we pay our fair share of taxes, and i work hard to try to communicate that. >> talk to us about an energy policy. what would you like to see in the...
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instead, signaling they're open to raising revenue by limiting the tax code. it's a major sticking point. holding up a deal. >> right now, i'd say we're nowhere. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go into effect. half of that at the pentagon. the other half coming in transportation, food safety and research. economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now,
instead, signaling they're open to raising revenue by limiting the tax code. it's a major sticking point. holding up a deal. >> right now, i'd say we're nowhere. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every...
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Dec 1, 2012
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. >> sean: same with value added tax after eliminating the fair tax is good, each one is progressive, the more you make, the more you spend. >> people get a flat tax. fair share, think flat tack. i'm starting to see forbes about it and listen this is what we ought to be doing. >> sean: where is the president? why the constant campaign? after every election there's a period when things can get den, good things. i was saying this to bob woodward, one in six in poverty, 50 million on food stamps this is not a time to play games this is a time to get this country out of the fiscal mess it is in, live within our means that means really doing big things, touching entitlements saving them from bankruptcy. campaigning in pennsylvania using class warfare. >> it is more egregious when you know we've had four deaths in libya. what happened how can we avoid that mistake in the future? when you go around the country and texas and people are hurting and struggling and it is breaking their heart to make ends meet and you know we have more energy than anybody in the world and not using it. >> sean: i
. >> sean: same with value added tax after eliminating the fair tax is good, each one is progressive, the more you make, the more you spend. >> people get a flat tax. fair share, think flat tack. i'm starting to see forbes about it and listen this is what we ought to be doing. >> sean: where is the president? why the constant campaign? after every election there's a period when things can get den, good things. i was saying this to bob woodward, one in six in poverty, 50...
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Nov 30, 2012
11/12
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CURRENT
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tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because the well identity disproportionately benefit from those type of low rates. >> jennifer: for sure. and, of course, we know that once they go over the fiscal cliff and those that -- that cap cal gains rate goes back to the clinton era it will be a 20% rate anyway. one way or another it's going to up. that's all i am saying. nancy took cook, thank you so much from the national journal thank you for join is us inside the war room. coming up, the car room is is not in the prediction business but we hear there is good money in
tax rate which is now 35%. but i do think that you know, some republicans have floated the idea perhaps of being okay with races tax on his investment income. i think the president in his past budget definitely talked about that. and i think that in a way although so much of the focus is on raising the marginal tax rates, you know, the way that we typically think of individual income be taxed marginal tax rates and races the tacks on those is really an effective way to tax the wealthy. because...
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john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been asking for. erick kanter announced today there will be no adjournment into a credible solution to the fiscal cliff is found. >> house lawmakers proposed a bill today they claim will bring the costs under control and provide a safe retirement, it creates two groups of public emp
john maynard discuss and the fiscal cliff and president barack obama suppresses his case today for a tax hike to help reduce the deficit. we are not insisting on rates just out of spite or any kind of partisan victory but rather because we need to raise a certain amount of revenue. >> and he made that pitch to several wealthy ceos he wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with...
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Dec 3, 2012
12/12
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we've got four years of regulation taxes. he wants to add higher taxes to that. tea party, too, is going to dwarf tea party one if obama pushes us off the cliff. >>> another major story from the weekend, it was an emotional weekend in the nfl and in kansas city as the chiefs took the field on sunday just 24 hours after a tragedy involving a key member of their team. police say linebacker jovan belcher shot and killed his girlfriend, the mother of his infant daughter. minutes later he took his own life in the parking lot of arrowhead stadium where the chiefs play right in front of his coaches. nbc's tan trareporter. >> reporter: kansas city head coach romeo crennel wiped away tears on the sideline one day after witnessing linebacker jovan belcher taking his own life. >> i'm choosing not to answer any questions about what i saw yesterday. and i think that you will understand that, and hopefully you will respect my wishes on that because it wasn't a pretty sight. >> reporter: belcher shot himself here at this practice facility at famed arrowhead stadium. crennel tol
we've got four years of regulation taxes. he wants to add higher taxes to that. tea party, too, is going to dwarf tea party one if obama pushes us off the cliff. >>> another major story from the weekend, it was an emotional weekend in the nfl and in kansas city as the chiefs took the field on sunday just 24 hours after a tragedy involving a key member of their team. police say linebacker jovan belcher shot and killed his girlfriend, the mother of his infant daughter. minutes later he...
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Dec 7, 2012
12/12
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the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in two weeks. well, she did it for a comedy video for a radio show. >> i'm confident in the prediction that the world is about to end. whether the final blow comes from flesh-eating zombies, demonic hill beasts or from the total triumph of cable, if you know one thing about me, it is this, i will always fight for you
the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing...
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Dec 5, 2012
12/12
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i think the market has digested a bit that tax rates will go up. it's just a matter of how much spending are we going to cut to make this a market between the democrats and republicans. >> does monetary policy hurt or help the banks? keeping rates as low as they are, it's tough to make a buck the traditional way of lending and spending, right? >> i'm going to be a two-armed economist because i can't said on the other hand. there's two things that are very important. first of all, credit in commercial real estate is phenomenal. cap rates are really low. so the fact that rates are as low as they are has allowed commercial real estate not to fall into the abyss. if commercial real estate had to refi at high rates, we would have had another problem. the other problem is the fact margins are getting squeezed at these banks. credit quality is better. >> that's where the money comes from. >> yeah, fees. by the way, you can eat these loan loss reserves. citi still has close to $10 billion in reserves. they've not used them. >> that's interesting. >> these
i think the market has digested a bit that tax rates will go up. it's just a matter of how much spending are we going to cut to make this a market between the democrats and republicans. >> does monetary policy hurt or help the banks? keeping rates as low as they are, it's tough to make a buck the traditional way of lending and spending, right? >> i'm going to be a two-armed economist because i can't said on the other hand. there's two things that are very important. first of all,...
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Dec 1, 2012
12/12
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let's start with the no new tax pledge. a number of top republicans have come out saying they'll turn their back on the pledge if it gets a deal done on the fiscal cliff. >> i think a lot of people made the pledge 20 years ago, 50 years ago and i think they realize we're in a very critical time for our country and this issue has to be dealt with. revenues needs to be a part of the component and entitlement reform, true entitlement reform has to be there also in order for us to put this in the rear view mirror. >> that's a big change. so what would the former republican party flag bearer say. >> change can't be measured in speeches. it's measured in results. >> that was mitt romney attacking president obama, but it works for his own party, too. now, let's move on to immigration. romney's deportation stands didn't sit well with a growing number of hispanic voters and now two retiring reporters are pushing their own version of the dream act. it gives children the path to citizenship. >> we're introducing this legislation, whic
let's start with the no new tax pledge. a number of top republicans have come out saying they'll turn their back on the pledge if it gets a deal done on the fiscal cliff. >> i think a lot of people made the pledge 20 years ago, 50 years ago and i think they realize we're in a very critical time for our country and this issue has to be dealt with. revenues needs to be a part of the component and entitlement reform, true entitlement reform has to be there also in order for us to put this in...
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president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by
president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term...
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Dec 3, 2012
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they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so what is the solution? >> they certainly -- -- the president has talked about interest rates are a big problem right now. record survey shows more than 50 percent of 18 to 24-year-olds are moving into their parents when they grad kuwauate college. they have capped the interest rates for give them for a certain amount of time or forgive a certain amount of debt or back off at issuing the federal loans patti. let the loans go more private maybe then we won't have colleges jacking up the tuition rates and making it hard for ev
they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so...
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Dec 5, 2012
12/12
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a former prosecutor weighs in next. >> could your tax dollars has tax companies expanding. there's one problem. it's in china. >> welcome back. it is 20 minutes after the top of the hour. solar companies are expanding in china. they made 807 million in tax payer dollars. it is supplying two mega cawatt of panels in person china. sun power received nearly $540 million. 15 million in a chinese mproduc. kept a log of your private text messages. it could happen if police want their way. they passed a law requiring all carriers to keep your conversation for at least two years. patti ann? >> heather, a virginia auto zone is under fire after firing an employee who saved the store manager's life. a serial robber held a manager at gun point. he ran to his car and grabbed his legal gun ran back in and confronted the suspect. the would be robber fled. instead of being hailed as a hero he was fired for violating auto zone policy. >> they fired me because i re-entered the store with my personal weapon. they have a zero tolerance policy against employees having weapons in the store. >> s
a former prosecutor weighs in next. >> could your tax dollars has tax companies expanding. there's one problem. it's in china. >> welcome back. it is 20 minutes after the top of the hour. solar companies are expanding in china. they made 807 million in tax payer dollars. it is supplying two mega cawatt of panels in person china. sun power received nearly $540 million. 15 million in a chinese mproduc. kept a log of your private text messages. it could happen if police want their way....
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Dec 4, 2012
12/12
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and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in the republican side it would be from limiting deductions and republican leader said this. >> republicans have move add great deal. who was the fi
and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal...
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Dec 4, 2012
12/12
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you can rest assured that they're going to be tax increases, tax-rate increases for the top 2%. you're probably going to see more in the form of health care entitlement cuts. >> ifill: you're thinking, however, that whatever compromise they come up with will be some distance from what you proposed more than a year ago? >> actually, it was more than a year ago. it was more than two years ago. times change. elections happen. there are consequences to those elections. yes, i think you'll see a different product come out. but i think the key is you're going to see a balanced approach with both revenue and spending cuts. you're going to see at least $4 trillion because that is the minimum amount you have to reduce the deficit in order to stabilize the debt and get it on a downward path as a percent of g.d.p. >> ifill: you said a moment ago that this is theater. these are both like opening bids that either side is going to reject. how do we get past that? how do they get past that if, in fact, the catastrophe everyone is warning about is to be avoided. >> if they got to agreement the
you can rest assured that they're going to be tax increases, tax-rate increases for the top 2%. you're probably going to see more in the form of health care entitlement cuts. >> ifill: you're thinking, however, that whatever compromise they come up with will be some distance from what you proposed more than a year ago? >> actually, it was more than a year ago. it was more than two years ago. times change. elections happen. there are consequences to those elections. yes, i think...
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Dec 2, 2012
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the revenue proposals are $1.6 trillion in revenue and tax increases. it's a massive tax increase. but also not significant and meaningful in entitlement reforms. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other. that still appears to be what they're doing, no? >> i think right after the election that was the message that even president obama and john boehner and the entire leadership, we saw that incredible image of the minority and majority leaders on both houses come out saying things that sounded like they were going to cooperate. but, you know, only in washington can that mean nothing quickly. but i do think, look, let's put this in perspective. we have a game of chicken going on here with a lot of posturing. there's 30 days to get this done, which for washington time it's like dog years. it's an eternit
the revenue proposals are $1.6 trillion in revenue and tax increases. it's a massive tax increase. but also not significant and meaningful in entitlement reforms. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other....
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Nov 29, 2012
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it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a boehn
it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense...
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they know their taxes are going up. they know regulatory expenses are going up and they know if they do make money that will be taxed at a higher rate. a lot of employers are shrugging their shoulders and saying why take the risk. melissa: peter do you agree with that. >> yeah. it is the barack obama effect. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to do. we saw ibm for example saying that when it comes to their 401(kk, instead of contributing every other pay period the way they have before they will wait until the very end of the year and do their matching then. almost an accounting trick. not really a t
they know their taxes are going up. they know regulatory expenses are going up and they know if they do make money that will be taxed at a higher rate. a lot of employers are shrugging their shoulders and saying why take the risk. melissa: peter do you agree with that. >> yeah. it is the barack obama effect. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is...
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Dec 4, 2012
12/12
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they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the biggest award in boxing history. that's next. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically
they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the...
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Dec 7, 2012
12/12
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WUSA
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he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around ♪ ♪ there's no such thing whenas too soft. toilet paper, i know what i like. i like feeling both clean and pampered. why should i compromise? quilted northern ultra plush® with the
he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male...
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Dec 1, 2012
12/12
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CNNW
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i'm fine with this $250,000 a year family not getting a tax cut and letting that expire, that tax cut for those wealthier 2% to expire. there are a couple people who have come out with that. mary bono mack has said that doesn't sound too bad. also robert dole who said that. what about you? >> yeah, no, i don't support that. and tom is a great political strategist and what he was saying is, hey, look, we know there will be a revenue increase. if we can get that, big deal. and so let's just go ahead and take it off the table, you know, let's take that leverage away from the president there, but the reality is as a republican who my very core principles are lower taxes, limited government, to just take a solo tax -- or vote on a tax increase with not having everything else there to kind of, you know, give us the sugar to make the medicine go down. that's just not going to fly. most of us aren't going to support that. but i could certainly understand tom's political strategy of trying to take it off the table, then the president may get serious about dealing with all of the other financia
i'm fine with this $250,000 a year family not getting a tax cut and letting that expire, that tax cut for those wealthier 2% to expire. there are a couple people who have come out with that. mary bono mack has said that doesn't sound too bad. also robert dole who said that. what about you? >> yeah, no, i don't support that. and tom is a great political strategist and what he was saying is, hey, look, we know there will be a revenue increase. if we can get that, big deal. and so let's just...
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tax increases coming next year. we've got two avoidance measures in the news, item one. 200 companies or more will pay dividends this year and that avoids the higher dividend tax next year. two, charities are seeing big increases in contributions now in case the deductions is limited next year. and joining us from the research group, we haven't seen greg since the election. >> i think once, you were out that day, but great to see you stuart. how have you been? >> i'm recovering from the election. >> glad to hear it. what i'm seeing with the dividends, charitable contributions speeding up. people are trying to avoid the tax increases they know are going to hit them next year, the rich avoiding the tax on the rich policy, isn't it? >> well, who can blame them, right? this is a classic example of unintended consequences, when you start talking about raising taxes, people take action to reduce their liability. that's human nature, that's common sense. on this, on the stories you cite, stuart. two quick comments, number
tax increases coming next year. we've got two avoidance measures in the news, item one. 200 companies or more will pay dividends this year and that avoids the higher dividend tax next year. two, charities are seeing big increases in contributions now in case the deductions is limited next year. and joining us from the research group, we haven't seen greg since the election. >> i think once, you were out that day, but great to see you stuart. how have you been? >> i'm recovering from...
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Dec 7, 2012
12/12
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CSPAN
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we talk about the state capital which was tax -- 74% tax exempt. a lot of it was a result of the state taking over a large percentage of our city. a lot of it was non for profits. i have had a good working relationship with people in the state governments. it is good to have them close. i can see what they're doing and to buy and put and see what i can do for the people of the city. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] host: we turn our attention to unemployment insurance and how it can be impacted. joining us for the discussion is josh . caller: it is a combination of a federal and state program. it usually lasts -- it can be extended up to 93 weeks. it is the extension be on the six month time frame we're talking about as part of the fiscal cliff tops. host: that is what might be caught -- cut? guest: that is what automatically expires. president obama has said as part of the deal i want to make, the benefits should continue. republicans have not taken a firm stand. we ha
we talk about the state capital which was tax -- 74% tax exempt. a lot of it was a result of the state taking over a large percentage of our city. a lot of it was non for profits. i have had a good working relationship with people in the state governments. it is good to have them close. i can see what they're doing and to buy and put and see what i can do for the people of the city. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute]...
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Dec 3, 2012
12/12
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that would allow tax rates to rise on everybody. then congress could come back after the new year and cut taxes on everyone but the wealthy. nbc's mike viqueira has the story. >> reporter: administration optimism for a deal. but only if republicans give in on raising rates for the wealthy. >> you think we'll get a deal by the end of the year? >> i do. the only thing that stands in the way of a deal right now is if a group of republican members decide they're going to block the deal because they want to extend tax cuts. we can't afford for the wealthiest 2% of americans. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from med
that would allow tax rates to rise on everybody. then congress could come back after the new year and cut taxes on everyone but the wealthy. nbc's mike viqueira has the story. >> reporter: administration optimism for a deal. but only if republicans give in on raising rates for the wealthy. >> you think we'll get a deal by the end of the year? >> i do. the only thing that stands in the way of a deal right now is if a group of republican members decide they're going to block the...
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Dec 1, 2012
12/12
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, limited government, to just take a solo tax -- or vote on a tax increase with not having everything else there to kind of, you know, give us the sugar to make the medicine go down. that's just not going to fly. most of us aren't going to support that. but i could certainly understand tom's political strategy of trying to take it off the table, then the president may get serious about dealing with all of the other financial problems we have. >> i hope y'all can come to some consensus because you're costing me money as i sit here and everybody else watching us. i think a lot of people are pretty frustrated with the people we're electing to do something big and bold. come on. negotiate. >> well, yeah, i nt, but when the president goes from, you know, hey, i want to increase taxes on those over $250,000 and geithner comes and puts on $1.6 trillion of taxes, we're going in the wrong direction. >> come back with another proposal and then come back on the show and i'll interview you about your proposal but i'm out of time. congressman terry, thanks for being with us. appreciate it. >>> joi
, limited government, to just take a solo tax -- or vote on a tax increase with not having everything else there to kind of, you know, give us the sugar to make the medicine go down. that's just not going to fly. most of us aren't going to support that. but i could certainly understand tom's political strategy of trying to take it off the table, then the president may get serious about dealing with all of the other financial problems we have. >> i hope y'all can come to some consensus...
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Dec 1, 2012
12/12
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everybody here will see their taxes go up on january 1st. i am assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> president obama warning workers what would happen if congress does nothing to avert the impending fiscal cliff. the president was at the factory of kinex toys. let's get some insight on that visit from someone who was there. michael is the president and ceo of kinex. >> good morning. >> president obama said a fam of four's taxes could go up. what impact does that have? >> it's fantastic to have the president our endorser in chief. when you remove that discretionary income and toys are a discretionary purchase as are other things. you are having some potential impact on the entire economy. obviously, toys and other things, as well. >> the president's plan calls for raising the tax rates on americans earning $250,000 or more. most republicans remain dead set against the president's plan. >> that's true. i think, though, we have to take a look at th
everybody here will see their taxes go up on january 1st. i am assuming that doesn't sound too good to you. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> president obama warning workers what would happen if congress does nothing to avert the impending fiscal cliff. the president was at the factory of kinex toys. let's get some insight on that visit from someone who was there. michael is the president and ceo of kinex. >> good morning....
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the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they recognize the reality that we can't afford to extend those tax rates then we have the basis for an agreement for the american people. stuart: other voices on the left are chiming in with tax suggestions and ralph nader says he wants a tax on every single financial transaction including stock trades and he calls it a speculation tax. an editorial in the washington post today calls for an end or at least limits on the deductible for charitable deductions. overwhelmingly the deduction benefits of the wealthy and the rest of the country has to make up the g
the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they...
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Nov 29, 2012
11/12
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lat tasha ringo recruited and created w2 forms claiming fake employment and tax. if convicted, ringo could face a maximum sentence two 10 years in prison and $1,500 fine. >>> san francisco officials asked to be notified a day before the public announcement. the report says the voter approved ban on gay marriage in california is unconstitutional. the ruling will stand if the supreme court will not take the case. san francisco officials say they will see a flood of applications. >>> they are urging other states to follow california's lead and to protect young people from the practice of convergency. >> let's get this straight. being gay, lesbian, transgender is not a disease that could be cured, mental health issue that could be treated. sadly not everyone gets this. >> congresswoman sphere introduced the stop harming our kids. it declares efforts by mental health practitioners to change someone's sexual orientation dangerous and harmful. >>> it could bring a lot of new jobs from the bay area. >> steps surgeons could take that seem to cut down on post op infections.
lat tasha ringo recruited and created w2 forms claiming fake employment and tax. if convicted, ringo could face a maximum sentence two 10 years in prison and $1,500 fine. >>> san francisco officials asked to be notified a day before the public announcement. the report says the voter approved ban on gay marriage in california is unconstitutional. the ruling will stand if the supreme court will not take the case. san francisco officials say they will see a flood of applications....
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yes, i raise tax rates on the rich or no will not. >> you don't raise tax rates which. stuart: you would love no. and started to push like this. you wouldn't know. >> in not addressing the problem stuart: even though it wishes us over the cliff. >> i would vote no because it does not address the problem. the president is the driver in shea. stuart: i'm sorry. i hate to be like this. i'm being obnoxious i know it, but he would vote no . i will not vote for higher tax rates, even if you knew for absolute certainty that pushes aside with a cleft. >> yes. i would vote no for higher tax rates because our children and grandchildren deserve better. stuart: they agree. >> this is a generational issue. stuart: still obnoxious. we use in any way compromise? for example, would you vote yes on the tax rate increase to 37% on upper income murders to wrap up 39, 37. would you vote yes on that? >> that is not something on the table. we haven't seen is a willingness to address spending, and you have to be able to cut spending. you have to be able to reform the way these entitlement pro
yes, i raise tax rates on the rich or no will not. >> you don't raise tax rates which. stuart: you would love no. and started to push like this. you wouldn't know. >> in not addressing the problem stuart: even though it wishes us over the cliff. >> i would vote no because it does not address the problem. the president is the driver in shea. stuart: i'm sorry. i hate to be like this. i'm being obnoxious i know it, but he would vote no . i will not vote for higher tax rates,...
SFGTV: San Francisco Government Television
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Dec 7, 2012
12/12
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SFGTV
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some nonprofits thought it was an annual tax. some thought it was remodeling for earthquake retrofits. it is not. there is an assertion the city will end up paying this from other departments because of nonprofits who are funded by the city. i don't believe that to be the case since the city, other than affordable housing, does not typically fund capital work by nonprofits and affordable housing is not included in the tidf. over the past three months, i have continued this item four times in order to address these concerns, to talk through the issues, to answer questions, and to have dialogue. i, and others, have engaged in innumerable meetings with individual nonprofits, groups of nonprofits, with the chamber of commerce, with the hospital council, to address the concerns particularly relating to smaller and mid-sized nonprofit projects, in order to address that concern, i offered a very significant compromise of an exemption for nonprofit projects up to 25,000 square feet. to put that in context the office max on hairsson stree
some nonprofits thought it was an annual tax. some thought it was remodeling for earthquake retrofits. it is not. there is an assertion the city will end up paying this from other departments because of nonprofits who are funded by the city. i don't believe that to be the case since the city, other than affordable housing, does not typically fund capital work by nonprofits and affordable housing is not included in the tidf. over the past three months, i have continued this item four times in...
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Dec 3, 2012
12/12
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KPIX
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the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cuts to enti
the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal...
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Dec 5, 2012
12/12
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CNBC
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the wealthy, higher taxes for the wealthy. that of course a major sticking point in the negotiations. that moved the dow up earlier but we don't have anything specific right now. these are all still rumors. apple, just a lot of things going on today. i believe there was an at&t investor conference where one of the executives at at&t gave sales figures for the smartphone sales for the first two months of the quarter saying sales would be flat implying they'd be flat from the same period last year. smartphones, which include overall smartphone sales like samsung and iphone sales. but i think some were a little disappointed to hear that, were hopeful it might be stronger. there are also concerns the ipad share of the tablet market might be slipping. and of course some firms raising margin requirements as well. >>> the leadership group here, our banks, a lot of analysts got what they wanted, citigroup cutting jobs, 11,000 jobs. cutting expenses. what a sad reason for the market and financials to be up today on that kind of headlin
the wealthy, higher taxes for the wealthy. that of course a major sticking point in the negotiations. that moved the dow up earlier but we don't have anything specific right now. these are all still rumors. apple, just a lot of things going on today. i believe there was an at&t investor conference where one of the executives at at&t gave sales figures for the smartphone sales for the first two months of the quarter saying sales would be flat implying they'd be flat from the same period...
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Dec 4, 2012
12/12
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FOXNEWSW
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some of them might struggle with voting to raise taxes by more than $12.5 trillion. this is amateur video from syria purporting the show a government war plane on a bombing run in damascus. one of syria's neighbors get serious about self-defense. concerns about the chemical weapons on the rise. "special report" starts at #:00 eastern. now have back to my colleagues with "the five." >> five, four, three, two, one. [ applause ] >> good job! >> andrea: the lighting of the 73-foot tall capitol christmas tree. that was john boehner who lit the tree. on the west front steps of the cocapitol. where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine
some of them might struggle with voting to raise taxes by more than $12.5 trillion. this is amateur video from syria purporting the show a government war plane on a bombing run in damascus. one of syria's neighbors get serious about self-defense. concerns about the chemical weapons on the rise. "special report" starts at #:00 eastern. now have back to my colleagues with "the five." >> five, four, three, two, one. [ applause ] >> good job! >> andrea: the...
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Nov 29, 2012
11/12
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FBC
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call it a tax revolt. more than 170 companies issuing special dividends to avoid higher taxes next year. is a victory for investors but it is it also a victory for libertarians? we will ask one of them after the break. the judge. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difrence that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health
call it a tax revolt. more than 170 companies issuing special dividends to avoid higher taxes next year. is a victory for investors but it is it also a victory for libertarians? we will ask one of them after the break. the judge. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the...